#AltcoinSeasonLoading It seems that the *Altcoin Season* may be approaching! 📈 According to recent reports, *Bitcoin's dominance* has dropped to *63.89%*, leading to a strong rise in the prices of alternative coins such as *Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA)*, which have recorded gains ranging from *6% to 13%* in recent days.
*Why might the Altcoin Season be coming?*
🔹 *The Altcoin Season Index has risen* from *23 to 36*, indicating a shift in the market towards alternative coins.
🔹 *The decline in Bitcoin's dominance*, meaning that investors have started to shift their profits into alternative coins in search of higher returns.
🔹 *The increase in trading volume for alternative coins*, enhancing the likelihood of the market entering a strong bullish phase for these coins.
*Which coins are investors watching?*
- *Ethereum (ETH)*: Increased by *13%* after the *Pectra* update that brought significant improvements to the network⁽²⁾.
- *Dogecoin (DOGE)*: Saw a rise of *15%* within 24 hours, with huge movements from large investors (whales).
- *Cardano (ADA)*: Increased by *10%*, amid expectations of significant growth during the Altcoin Season.
- *Shiba Inu (SHIB) and Mutuum Finance (MUTM)*: Experienced massive purchases from whales, indicating growing interest in these coins.
If this trend continues, *May 2025* could be a major turning point for the Altcoin Season!